ANICS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ANICS
Largest movements
- Current investments +€200,247
up €200,247 (+19.1%), from €1.0m to €1.2m
- Cash -€135,939
down €135,939 (-49.2%), from €276,224 to €140,285
mainly Contributions, distributions and other (-€748,469) and Current investments (-€200,247)
- Other debts +€606,399
up €606,399 (+423.0%), from €143,355 to €749,754
- Reserves -€579,140
down €579,140 (-52.3%), from €1.1m to €528,615
of which Distributable reserves: -€577,281
- Tax, wage and social debts +€18,183
up €18,183 (+17.1%), from €106,582 to €124,765
- Financial charges +€55,525
up €55,525 (+99.7%), from -€55,718 to -€193
of which Non-recurring financial charges: +€62,644
- Financial income -€12,233
down €12,233 (-87.0%), from €14,055 to €1,821
- Gross operating margin -€12,051
down €12,051 (-4.3%), from €281,573 to €269,521
- Depreciation -€7,390
down €7,390 (-44.9%), from €16,445 to €9,055
- Other operating charges -€2,994
down €2,994 (-32.0%), from €9,356 to €6,361
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,378,777 | €1,425,417 | +€46,640 | +3.4% |
| Fixed assets | 21/28 | €22,573 | €13,518 | -€9,055 | -40.1% |
| Tangible fixed assets | 22/27 | €22,573 | €13,518 | -€9,055 | -40.1% |
| Plant, machinery and equipment | 23 | €2,714 | €1,383 | -€1,331 | -49.0% |
| Furniture and vehicles | 24 | €19,860 | €12,135 | -€7,724 | -38.9% |
| Current assets | 29/58 | €1,356,204 | €1,411,899 | +€55,696 | +4.1% |
| Amounts receivable within one year | 40/41 | €30,204 | €21,941 | -€8,263 | -27.4% |
| Trade receivables | 40 | €30,204 | €21,941 | -€8,263 | -27.4% |
| Current investments | 50/53 | €1,049,241 | €1,249,488 | +€200,247 | +19.1% |
| Cash at bank and in hand | 54/58 | €276,224 | €140,285 | -€135,939 | -49.2% |
| Deferred charges and accrued income | 490/1 | €534 | €185 | -€349 | -65.4% |
| Total equity and liabilities | 10/49 | €1,378,777 | €1,425,417 | +€46,640 | +3.4% |
| Equity | 10/15 | €1,126,347 | €547,207 | -€579,140 | -51.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,107,755 | €528,615 | -€579,140 | -52.3% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €1,105,896 | €528,615 | -€577,281 | -52.2% |
| Amounts payable | 17/49 | €252,429 | €878,210 | +€625,780 | +247.9% |
| Amounts payable within one year | 42/48 | €252,429 | €877,211 | +€624,782 | +247.5% |
| Trade debts | 44 | €2,492 | €2,692 | +€200 | +8.0% |
| Suppliers | 440/4 | €2,492 | €2,692 | +€200 | +8.0% |
| Taxes, remuneration and social security | 45 | €106,582 | €124,765 | +€18,183 | +17.1% |
| Taxes | 450/3 | €106,582 | €124,765 | +€18,183 | +17.1% |
| Other amounts payable | 47/48 | €143,355 | €749,754 | +€606,399 | +423.0% |
| Accrued charges and deferred income | 492/3 | - | €998 | +€998 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,445 | €9,055 | -€7,390 | -44.9% |
| Other operating charges | 640/8 | €9,356 | €6,361 | -€2,994 | -32.0% |
| Gross operating margin | 9900 | €281,573 | €269,521 | -€12,051 | -4.3% |
| Operating profit (loss) | 9901 | €255,772 | €254,105 | -€1,667 | -0.7% |
| Financial income | 75/76B | €14,055 | €1,821 | -€12,233 | -87.0% |
| Recurring financial income | 75 | €14,055 | €1,821 | -€12,233 | -87.0% |
| Financial charges | 65/66B | -€55,718 | -€193 | +€55,525 | +99.7% |
| Recurring financial charges | 65 | €6,925 | -€193 | -€7,119 | |
| Non-recurring financial charges | 66B | -€62,644 | - | +€62,644 | |
| Profit (loss) for the period before taxes | 9903 | €325,545 | €256,120 | -€69,425 | -21.3% |
| Income taxes | 67/77 | €88,595 | €86,791 | -€1,804 | -2.0% |
| Profit (loss) for the period | 9904 | €236,950 | €169,329 | -€67,622 | -28.5% |
| Profit (loss) for the period to be appropriated | 9905 | €236,950 | €169,329 | -€67,622 | -28.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.